Hazelnuts: bad news for buyers

July 14, 2022 at 11:57 AM , Der AUDITOR
Play report as audio

ORDU. While hazelnuts suppliers in Turkey are enjoying a short break, Italy is in a state of emergency. Prices have also shifted.

Short break in Turkey

Although most companies are closed in Turkey this week as the country celebrates the Holiday of the Sacrifice, Eid al-Adha, and the Democracy and National Unity Day, many suppliers have decided to change their prices - much to the detriment of buyers in Europe. Issue is not only that the Turkish lira has depreciated in recent weeks but also that the euro has recently lost in value reaching near parity with the US dollar. On Tuesday, the euro also dipped to 17.369 against the Turkish lira.

This has prompted suppliers to raise their expor

View related articles

Go to the News Overview
Nuts
Nov 22, 2024
ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.
Nuts
Nov 21, 2024
BRUSSELS. Eager suppliers are urging customers to act fast for pine nuts in China and Turkey. As recent import statistics show Russia’s export duties have failed to impress buyers in the EU this season so far..
Nuts
Nov 20, 2024
HANOI. No other country exports as many processed cashew kernels as Vietnam. However, processors are dependent on high RCN imports, which are detrimental to domestic producers. EU imports have increased.
Nuts
Nov 18, 2024
NEW DELHI/BUENOS AIRES. Prices on the Indian peanut market have fallen steadily in recent months and now have hardly any room for further declines. A record acreage is expected in Argentina, while anxious eyes are focussed on the USA.